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-0.000647101771653955 -0.0035909891078297 0.00109764638016809 0.00215629636409694 0.00305223431044281 0.00423596225523494 0.00538329072537128 0.00587713155110733
Stock impact report

Amazon buying thermal cameras from Chinese firm on US blacklist [CNBC]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CNBC
An Amazon warehouse in Brieselang, GermanyCarsten Koall | Getty ImagesChina's Zhejiang Dahua shipped 1,500 cameras to Amazon this month in a deal valued close to $10 million, one of the people said. At least 500 systems from Dahua - the blacklisted firm - are for Amazon's use in the United States, another person said.The Amazon procurement, which has not been previously reported, is legal because the rules control U.S. government contract awards and exports to blacklisted firms, but they do not stop sales to the private sector.However, the United States "considers that transactions of any nature with listed entities carry a 'red flag' and recommends that U.S. companies proceed with caution," according to the Bureau of Industry and Security's website. Dahua has disputed the designation.The deal comes as the U.S. Food and Drug Administration warned of a shortage of temperature-reading devices and said it wouldn't halt certain pandemic uses of thermal cameras that lack the agency's regu Show less Read more
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